University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround
Green Car Congress
JUNE 23, 2009
According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” mpg) would increase Detroit automakers’ gross profits by roughly $3 billion per year and increase sales by the equivalent of two large assembly plans.
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